About Enphase Energy, Inc. (ENPH)
Enphase Energy, Inc. is a Solar company operating in the Technology sector. The company is headquartered in Fremont, United States. ENPH has been publicly traded since 2012, giving it 14+ years of trading history.
Enphase Energy, Inc. (ENPH) has been publicly traded since 2012, making it a 14-year-old public company. It operates in the Solar industry within the Technology sector. The company is headquartered in Fremont, United States and employs approximately 2,872 people. With a market capitalization of $5.8 billion, ENPH is a mid-sized company with growth potential.
ENPH trades on the US stock exchanges (NYSE/NASDAQ) and is classified as a mid-cap-cap stock with a market capitalization of approximately $5.8 billion. The company employs approximately 2,872 people worldwide.
Key Statistics
- Current Price
- $43.95
- Market Cap
- $5.76B
- 52-Week High
- $64.47
- 52-Week Low
- $25.78
- Sector
- Technology
- Industry
- Solar
ENPH Investment Performance
ENPH has gained 37.1% year-to-date in 2026. Over the past 5 years, a $1,000 investment in ENPH would have grown to $296, representing a -70.4% total return. Since its IPO in 2012, a $1,000 investment would now be worth $5,988.
$1,000 Invested in Enphase Energy, Inc. (ENPH)
How much would $1,000 invested in ENPH be worth today?
What would $1,000 invested in ENPH 1 year ago be worth today?
A $1,000 investment in Enphase Energy, Inc. (ENPH) in 2025 would be worth $758 as of May 2026, representing a -24.2% total return.
What would $1,000 invested in ENPH 3 years ago be worth today?
A $1,000 investment in Enphase Energy, Inc. (ENPH) in 2023 would be worth $204 as of May 2026, representing a -79.6% total return.
What would $1,000 invested in ENPH 5 years ago be worth today?
A $1,000 investment in Enphase Energy, Inc. (ENPH) in 2021 would be worth $296 as of May 2026, representing a -70.4% total return.
What would $1,000 invested in ENPH 10 years ago be worth today?
A $1,000 investment in Enphase Energy, Inc. (ENPH) in 2016 would be worth $13,318 as of May 2026, representing a +1231.8% total return.
What would $1,000 invested in ENPH at IPO be worth today?
A $1,000 investment in Enphase Energy, Inc. (ENPH) at IPO would be worth $5,988 as of May 2026, representing a +498.8% total return.
Monthly Returns Heatmap
Over the past 14+ years (168 months), Enphase Energy, Inc. (ENPH) has averaged a monthly return of +3.60% with a median return of -0.47%. The stock had 82 positive months (49%) and 85 negative months (51%). The best month in ENPH's history was December 2015 with a +110.2% return, while the worst was November 2015 at -53.6%. Historically, February tends to be the strongest month (averaging +17.0%), and October the weakest (-3.2%).
ENPH's longest winning streak was 8 consecutive months of gains, while its longest losing streak was 9 consecutive months of losses. The best full year was 2020 with a cumulative return of +241.2%, and the worst was 2016 at -105.3%.
Annual Returns
Over 14 years of trading history, Enphase Energy, Inc. (ENPH) has delivered an average annual return of +89.00% with a median return of +40.98%. The compound annual growth rate (CAGR) is +19.45%. The stock posted gains in 9 years (64%) and losses in 5 years (36%).
ENPH's best year was 2020 with a +571.53% gain, while the worst was 2015 at -75.44%. The longest streak of consecutive positive years was 6, and the longest losing streak was 3 years. ENPH achieved double-digit gains (10%+) in 8 years. It suffered double-digit losses in 5 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +37.13% | $32.05 | $43.95 |
| 2025 | -53.33% | $68.68 | $32.05 |
| 2024 | -48.02% | $132.14 | $68.68 |
| 2023 | -50.13% | $264.96 | $132.14 |
| 2022 | +44.83% | $182.94 | $264.96 |
| 2021 | +4.26% | $175.47 | $182.94 |
| 2020 | +571.53% | $26.13 | $175.47 |
| 2019 | +452.43% | $4.73 | $26.13 |
| 2018 | +96.27% | $2.41 | $4.73 |
| 2017 | +138.61% | $1.01 | $2.41 |
| 2016 | -71.23% | $3.51 | $1.01 |
| 2015 | -75.44% | $14.29 | $3.51 |
| 2014 | +125.39% | $6.34 | $14.29 |
| 2013 | +73.70% | $3.65 | $6.34 |
ENPH Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Enphase Energy, Inc. as an investment
Valuation
ENPH currently trades at a trailing P/E ratio of 34.2, which is considered high relative to the broader market. The forward P/E of 16.3 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 5.3. The price-to-sales ratio is 3.9.
Dividends
Enphase Energy, Inc. does not currently pay a dividend, choosing to reinvest earnings back into the business for growth.
Risk & Volatility
ENPH has a beta of 1.37, indicating it is significantly more volatile than the overall market. The stock's 52-week range is $25.78 to $64.47, and it currently trades in the lower half of its 52-week range.
Analyst Ratings
Based on 29 analyst opinions, ENPH has a consensus "hold" rating. The average price target of $46.27 suggests 5.0% upside from current levels.
Frequently Asked Questions: ENPH
What sector is ENPH in? ▼
ENPH operates in the Technology sector, specifically in the Solar industry. This sector includes companies involved in software, hardware, semiconductors, and IT services.
How has ENPH performed historically? ▼
Over 14 years of trading history, ENPH has posted gains in 9 years (64% of the time). The best year was 2020 with a +571.5% return. Past performance does not guarantee future results.
How can I invest in ENPH? ▼
You can invest in ENPH through any brokerage account that offers access to US stock exchanges. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold ENPH.
Does ENPH pay dividends? ▼
Enphase Energy, Inc. does not currently pay a dividend, choosing to reinvest earnings back into the business for growth.
What does Enphase Energy, Inc. do? ▼
Enphase Energy, Inc. is a Solar company operating in the Technology sector. The company is headquartered in Fremont, United States.
What sector is ENPH in? ▼
ENPH operates in the Technology sector, specifically in the Solar industry.
When did ENPH go public? ▼
Enphase Energy, Inc. went public in 2012, making it a 14-year-old public company as of 2026.
How much would $1,000 invested in ENPH 5 years ago be worth today? ▼
A $1,000 investment in ENPH five years ago would be worth approximately $296 today, representing a -70.4% return.
How much would $1,000 invested in ENPH 10 years ago be worth today? ▼
A $1,000 investment in ENPH ten years ago would be worth approximately $13,318 today, representing a 1231.8% total return over the decade.
What is ENPH's 3-year return? ▼
Over the past 3 years, ENPH has returned -79.6%. A $1,000 investment would have grown to $204.
How much would $1,000 invested in ENPH at IPO be worth today? ▼
If you invested $1,000 in ENPH at its IPO in 2012, it would be worth approximately $5,988 today, a 498.8% return over 14 years.
Does ENPH pay dividends? ▼
No, Enphase Energy, Inc. does not currently pay a dividend. The company reinvests its earnings into growth.
What is ENPH's market cap? ▼
Enphase Energy, Inc. has a market capitalization of $5.8 billion, classifying it as a mid-cap company.
What is ENPH's P/E ratio? ▼
ENPH has a trailing P/E ratio of 34.2 and a forward P/E of 16.3, which measures how much investors are paying per dollar of earnings.
Is ENPH a buy, hold, or sell? ▼
Based on 29 opinions, ENPH has a consensus "hold" rating. The average price target is $46.27.
Last updated: 3/14/2026